Think of all the gas you could buy with an extra $40,000 to $50,000 in your pocket!

Everyone is concerned with oil and gas prices and we should be.  The rise in oil and gas causes a nasty chain reaction that creates a rise in all products including those needed to build houses.  Everything from the shingles, the flooring, the siding, etc…. they all use petroleum in their manufacturing and they are all delivered in trucks that use gas.  Higher oil and gas prices… higher costs to build a home.

The great news is… the prices for the houses we find for our clients are set by their value in the market and are not affected by rising oil and gas prices.  In most cases, I can find and fix an existing home at prices I could never duplicate if I built one new.

I’m not saying that if you want to build a new home and you can afford to and you don’t mind spending the extra money that you shouldn’t but… if you can find what you’re looking for and save yourself tens of thousands of dollars… isn’t that the kind of investment you’d want?

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2 Comments

  1. If I find a home I am interested in how long does the process take from start to finish, including the renovation period?

    • Joe said: On March 23, 2011

      That is a question we get asked all the time so it’s great to answer it here.

      Each project is unique as with any home purchase. The time frame for closing is equivalent to most other home loans. The faster the buyer provides all necessary information, the faster the process moves.

      We schedule most construction projects for a 30 day turn around but all projects are different. Some home projects are complete transformations and require more time. To date, we’ve been extremely successful with that projection.